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Growing Audience

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We are in the business of matching advertisers with audiences they ... When I go online, it feels like a fling.' Experience: Gives Me Something to Talk About ' ... – PowerPoint PPT presentation

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Title: Growing Audience


1
Growing Audience
  • The Desert Sun
  • Palm Springs, CA

2
Aggregating Audience
  • We are in the business of matching advertisers
    with audiences they care about.

3
Aggregating Audience
  • We must build audiences across a variety of
    publications and platforms because of changing
    readership habits.
  • We must provide compelling and relevant news and
    information across a variety of platforms and
    publications that consumers will find meaningful.

4
Opportunities
  • Consumers have time and will make time for what
    they think is important.
  • Newspaper readership is declining, but media
    consumption is going up.

5
Seizing Opportunities
  • Understand better what consumers want
  • Give people
  • What they want
  • When they want it
  • How they want it
  • Remember low-end and non-consumers

6
Consumers
  • Listening to your best customers, providing them
    with something better, and making more money in
    the process can make companies more successful.
  • Listening to your best customers, providing them
    with something better, and making more money in
    the process can also lead to your downfall.

7
Our Portfolio of Publications
8
Aggregating Audience
Targeted Publications
Community Newspapers
Online
Newspaper Readers
9
Assessing Your Portfolio
10
Assessing Your Portfolio
11
Guiding Principles
  • Be strategic. Create publications that add
    audiences that advertisers care about and that
    increase your footprint in the market.
  • Remember that not all audiences are created
    equally.

12
Guiding Principles
  • Act like an integrated information company.
  • Provide as much local content for as many
    different platforms and publications.
  • Originate all editorial content out of the
    newsroom.
  • Maximize resources.

13
Guiding Principles
  • Reuse as much content as possible
  • Avoid homogenizing the content
  • Keep editorial content independent
  • Focus custom publishing on creating custom
    publications and advertorials for clients

14
New Approaches
  • Understand the job each publication is hired to
    do.
  • Think beyond demographic segments.
  • Expect the initial strategy is not the right one.
  • Forget perfection. Go for whats good enough.

15
New Approaches
  • Listen to consumers and understand what they
    want. Do what they want, not just whats
    convenient for the newspaper.
  • Abandon the If we build it, they will come
    approach. Find out instead what they want and
    build that.

16
Lessons Learned
  • You can leverage content far more than you
    probably think possible. This is a huge untapped
    resource.
  • You can integrate publications into the newsroom
    without homogenizing them.

17
Lessons Learned
  • Targeted publications can be more appealing to
    readers
  • Geography is easier than communities of interests
    to monetize
  • Complete market coverage is a lot more viable
  • New business models are worth trying.
  • Be creative

18
Community Weeklies
19
Lessons Learned
  • Dont operate like a newspaper
  • Every department needs to change

20
Assessing New Ideas
  • Takes innovative approach
  • Uses a new business model
  • Shows potential to make money
  • Appeals to low-end or non-consumers
  • Provides a better solution
  • Capitalizes on competitors weak spots
  • Fits strategically

21
The Readers Experience
  • When I read the newspaper, it feels like a
    commitment. When I go online, it feels like a
    fling.

22
Experience Gives Me Something to Talk About
Occasionally someone will say Hey did you read
that article in todays paper? No? You should
read it. It is a good article.
You must provoke this reaction OFTEN
23
Lessons From Oprah
  • Success stories give readers a sense of hope and
    accomplishment
  • Readers connect with media personalities.
  • Readers are interested in the staples of life
    (health, relationships, food, etc.)
  • Readers want take aways so they can apply what
    theyve heard or read to their daily lives

24
Managing Our Portfolio
  • Give each of our current products a more specific
    mission to deliver target audiences.
  • Build our portfolio based on what customers need
    or want.
  • Test new ideas, especially ones that appeal to
    low-end and non-consumers.
  • Ensure that new technology and platforms will be
    an increasing part of everything we do.
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